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Over 34.7 cr Ayushman Bharat cards generated: Economic Survey

by AIP Online Bureau | Jul 22, 2024 | Health, Indian News, Non-Life, Policy, Reinsurance

“Considering the multiplier effect of low costs, the scheme saves more than 1.25 lakh crore of out-of-pocket expenditure for poor and deprived families,” Finance Minister Nirmala Sitharaman said New Delhi: More than 34.7 crore Ayushman Bharat cards have been...

Budget FY2024-25: Indian Insurance Industry’s Wish-list

by AIP Online Bureau | Jul 8, 2024 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Reinsurance

The upcoming Budget 2024-25 is crucial for advancing insurance accessibility and inclusivity, in line with IRDAI’s ‘insurance for all by 2047′ vision. Some of the important functionaries of the Indian industry put forward a few demands before union...
FM Sitharaman to present Union Budget on July 23

FM Sitharaman to present Union Budget on July 23

by AIP Online Bureau | Jul 6, 2024 | Eco/Invest/Demography, Indian News, Policy

Nirmala Sitharaman,Union Finance Minister Analysts expect many positive moves in the forthcoming Budget for the Indian insurance industry. The moves can include raising FDI in the insurance industry from 74 per cent to 100 per cent and bringing in the pending...
FM Sitharaman to present Union Budget on July 23

Budget fy25: Health experts urge FM to allow co-payment scheme for Ayushman Bharat in pvt hospitals, subsidise vaccines

by AIP Online Bureau | Jun 28, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Nirmala Sitharaman, Union Finance Minister The experts also highlighted that, under the Ayushman Bharat Scheme, patients often need to go to private hospitals because 85 per cent of tertiary care beds are in the private sector. They suggested implementing a co-payment...

General Insurance Agents’ body urges FM and GST Council to reduce 18% GST to 5% on retail health covers

by AIP Online Bureau | Jun 18, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

In a memorandum submitted to FM, the Confederation had pointed out that though the gross premium during last five years had almost doubled, leading to the growth of health insurance business in the country, the virtual number of lives covered and number of policies...
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